International evidence on the value of product and geographic diversity
Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification
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| Format: | eBook |
| Language: | English |
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Washington, D.C
World Bank, Financial Sector Strategy and Policy Department
2001
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| Series: | Policy research working paper
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification |
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| Item Description: | "December 2001. - Includes bibliographical references (p. 21-24). - Title from title screen as viewed on Aug. 24, 2002 |